Strategic Sourcing and Procurement Analytics

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The program will focus broadly on the following modules:

Module 0: Why Study Strategic Sourcing, Procurement and Supply Chain?

Module 1: Demand Estimation, Planning and Forecasting

Module 2: Developing a Category Strategy

Module 3: Developing and Leveraging Supplier Relationships

Module 4: Managing Supplier and Supply Chain Risks

Module 5: Smart and Fact-Based Negotiations

Module 6: Sustainability and Reducing Scope 3 Emissions

Module 7: Communication skills and improving executive presence

Module 8: Capstone Project

The program will draw on interdisciplinary perspectives to help participants understand the emerging trends and challenges in Strategic Sourcing, Procurement, and Supply Chain, particularly after the massive shifts observed during the pandemic and the two ongoing wars in Ukraine and the Middle East. It is also pertinent to note that the Procurement function is often not the ultimate decision maker with respect to the choice of suppliers or definition of the specifications sought to be purchased. This makes the ability to present impactful analysis a key skill for the success of a procurement professional. The course will provide management competencies and essential analytical tools and skills to understand various critical areas in Strategic Sourcing, Procurement and Supply Chain. The course will also provide inputs on the roles and tools Sourcing professionals need to know to help their organizations tackle the ESG challenges and support net zero targets through leadership in Scope 3 management.